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USDA National Daily Direct Afternoon Hog Report 07/10 15:01

USDA National Daily Direct Afternoon Hog Report 07/10 15:01

LSDLM_HG217
Des Moines, IA                             Thu, Jul 10, 2025

DAILY DIRECT AFTERNOON HOG REPORT 

                          Current Volume by Purchase Type
                      Barrows and Gilts Live and Carcass Basis
 
                                         Estimated    Actual    Actual    Actual
                                             Today     Today  Week Ago  Year Ago
Producer Sold
 Negotiated                                  3,635     3,635     3,786     2,660
 Other Market Formula                       21,989    21,989    30,052    31,018
 Swine/Pork Market Formula                 113,586   113,586   107,617   124,536
 Other Purchase Arrangement                 58,911    58,911    57,148    63,674
 Negotiated Formula                          1,254     1,254       320       495
Pack. Sold (all purchase types)             28,924    28,924    14,058    32,211
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                          Volume and Price Range For Barrows and Gilts
                              Purchased Swine (Including Packer Sold)
                                    National       Iowa/     Western     Eastern
                                                 Minnesota  Cornbelt    Cornbelt
                                   ---------------------------------------------
Negotiated (carcass basis)
   Head Count                          5,577                                    
   Lowest Base Price                  100.00                                    
   Highest Base Price                 114.00                                    
   Weighted Average Price             112.43      113.21      113.22            
   Change from Previous Day              .53        1.33        1.23            
Negotiated Formula (carcass basis)
   Head Count                            510                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Combined Negotiated/Negotiated Formula (carcass basis)
   Head Count                          6,087                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Other Market Formula (carcass basis)
   Head Count                         20,303       8,424      11,071       9,232
   Lowest Base Price                   82.83                               86.65
   Highest Base Price                 108.85                              108.23
   Weighted Average Price              99.34                               99.88
   Change from Previous Day                                                     
Swine/Pork Market Formula (carcass basis)
   Head Count                        132,442      73,713      87,008      41,316
   Lowest Base Price                   94.09       94.09       94.09       95.25
   Highest Base Price                 116.49      116.49      116.49      114.66
   Weighted Average Price             105.23      105.34      105.30      104.74
   Change from Previous Day                                                     
Other Purchase Arrangement (carcass basis)
   Head Count                         56,920      33,326      36,164      19,940
   Lowest Base Price                   79.60       79.60       79.60       85.37
   Highest Base Price                 113.21      113.21      113.21      104.78
   Weighted Average Price             100.80      102.59      102.71       97.09
   Change from Previous Day                                                     
Negotiated (live basis)
   Head Count                          1,333                                    
   Lowest Base Price                   75.00                                    
   Highest Base Price                  87.95                                    
   Weighted Average Price              85.61                                    
   Change from Previous Day                                                     
Negotiated Formula (live basis)
   Head Count                            744                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
Combined Negotiated/Negotiated Formula (live basis)
   Head Count                          2,077                                    
   Lowest Base Price                                                            
   Highest Base Price                                                           
   Weighted Average Price                                                       
   Change from Previous Day                                                     
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                DAILY DIRECT AFTERNOON HOG REPORT (PDF) (LSDLM_HG217) DAILY 
DIRECT NEGOTIATED HOG PURCHASE MATRIX
           REPRESENTING INDIVIDUAL PACKER CARCASS MERIT BUYING PROGRAMS
       based on both Fat and Muscle Measurements for a 200 lb Carcass Basis
 
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                          CARCASS WEIGHT DIFFERENTIALS
   
    145#  -30.00 -13.00         175#   -4.00   1.00         205#     .00   4.00
    155#  -30.00  -5.00         185#   -1.50   1.50         215#   -8.00   4.00
    165#  -25.00    .00         195#     .00   3.00         225#  -30.00   2.00
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                  MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
 
5-Day Rolling Average Market Hog8 lb carcassnch back-fatre inch loinh loin 
depthFFLI: 53.07       
 
Price Range $107.00 - $118.00 
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
 
Canada                3,992          Colorado                159
Iowa                 76,359          Illinois             14,137
Indiana              15,780          Kansas                1,604
Kentucky                680          Michigan              8,230
Minnesota            45,981          Missouri              3,770
Montana                 431          North Carolina        6,653
Nebraska              8,385          Ohio                 22,119
Oklahoma              1,576          Pennsylvania          5,816
South Dakota          7,406          Tennessee             4,247
Wisconsin               974          
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